National Republican., 1887-12-15
PRICES MOVING UPWARDS.
A Buoyant Market at which STOCKS
Arc Advauced.

Arc advanced
New YORK, Dec. 14.-Iu the stock mar
ket to-day, while there was less activity,
prices after a buoyant opening advanced
steadily to the close. The news OF the day
was almost entirely Of a favorable nature.
The feature Of the news were the settlement
Of the trunk line trouble and the Western
Union dividends. There was an urgent
order from the foreigners In the early trad
ing which surprised the bears, and their
operations for the most OF the day were
confined TO attempts TO cover their out
standing contracts, which even after the
cessation Of the outside demand kept the
market firm and advancing for the re-
mainder OF the day. Reading and Lscka-
wanna were the features OF the morning
hours trading, the crowd In the former
being so large that sales were made at the
opening per cent. apart. The buying in
the stocks is said to be largely for
inside parties. The only important resist.
apce to the improvement was from the
Chicago party, while Mr.. Connor, who has
been credited with principal part In the
late depression (which, by the way, he de-
old bull combination active In bringing
about the rally. Union Pacific was still one
Of the prime favorites, aud Richmond and
West Point, while less active than usual Of
late. was strong, notwithstanding the re-
fusal Of certain gentlemen to serve on the
board Of directors. Manhattan again ad-
vanced on the dividend and report, and
Fort Worth and Denver on the strength Of
Its very favorable annual report. There
was very little bear news circulated, and
there was more outside purchasing than
has been noticed for some time. The
opening was very strong at ad
vsnces extending to : per cent,
and on an active trading further gains
were made, though there was no marked
movement except In few specaties. The
volume Of business suffered u marked de-
creese after the fret demand was supplied,
but the appreciation OF values, while slow,
ceased only with the close OF business. The
close was quiet. but firm, generally at or
near the best figures reached. The days
transactions amounted tn $50, 140 shares.
The entire active list Is mat, rally higher
tonight.
Money on call has been easy, ranging
from to 8, last loan at 4, and clos
ing offered at 4. Sterling exchange is dull
and steady. Actual business at 4S1 to Ash
for GO day bills, and 4s4 to 4Si2 for demand.
Posted rates 1872 to 1856. Government bonds
have been more active and strong. State
bonds have been dull and steady; ,,,o,,
Treasury baances-Coln, $t31, 1884 1906;
currency, $l0,22S, ,472.
The following were the closing bid Qou-
tatioDs:
as, coup. 1919; AZ, lo72s; PGo. 6sor,eo, lloi
La. Cons 6l,I; No IS Of 81. lG5i; n. q. Con,
6, lSij DO. IS, 800; DO. 80; a;
a.; Cen, Pac. flrsts, ll6]4; Denver and Rio
DO. IS, % dSs Northern 10 he nj fac. % rsts, sip iI 4; DO
seconds, 1Ol14; Northwestern cons, 13y; do.
debenture, 10s; ST. L and San Fran, 114l4; g.
southern Pac Gol. firsts los 4 H. r. R,a G.,
e42l; Northern. Pacific LIST, ifiI; West shore,
1919; Adams Express, 140: Alton and T. II.
35 do. ,Pfd., 70; Am. Express, 1oi; Bos. Air
Line pfd., 9S; B. 9. and r. n. $50; Canada
Ghes, ana Ohio, ~; Chicago and alton, i56;
land and and Col, csI' 50; Con. Coal, Is; Del. % and
Hud. 1925; Del. II Lack. 12624; Den. g. r.. g.,
45s Erie Gs2si DO, pid;, 6i1s Fort m Wayne, iSl
Kansas ' ToSas % i75S e. L. ~ E. e. & wv, W., M M
Man.. ness Con-, ' 5Sn; M III. Anu and NaS Char, 4S
n. \ L., iii Mich: Cen, s65s; Mo. Pse.,
s9 Mob Mob a. and O.. ?; Mar and M,.;p; E lS5;
pld Eoitasin Sni M Psc sSs;Sss se pa aaa
Y. Cen, loSls; Chicago and st. L., 1871 do
pfd., G62I: Ohio and Miss, 2sj4; do. pfd., 20;
Oregon "a, Nay, s73s; Pac; Mail, IS; Pitts:
Rich. and W. p. Ter, 22ys Rock Island, iiiioi,S
7OA; do. first pfd., 1l2; st. Paul, Az do. pid.
g Ca! and T. 2s Texas ss Pa ppac H;Unien Pse
%es Fargo 20 o' i2s; a' west t UnGu U ac Pia silver liver
Certificates, S6 Cotton Oil TruGt 2r1s: Quick
silver; .; do pid. 80.